Title
Approving the Audit Committee’s recommendation to audit the Capital Improvement Budget process since the City last revised the process in the 2018-19 cycle for the 2020-2021 and future cycles.
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WHEREAS, per RES 20-1110, the Saint Paul City Council established the Saint Paul Audit Committee on August 12, 2020; and
WHEREAS, the Audit Committee’s mission is to evaluate the financial and program performance of City departments to build public trust and ensure outstanding service delivery, transparency, and accountability; and
WHEREAS, the Audit Committee solicited suggestions on an audit topic from residents, City employees, Councilmembers, and city departments; and
WHEREAS, at the Audit Committee’s June 18, 2024 meeting, the acting members and advisors deliberated on the audit topics that would be relevant to community needs and narrowly focused enough to allow for an effective audit; and
WHEREAS, the acting members and advisors agreed that an audit of Saint Paul’s Capital Improvement Budget (CIB) process that the city use to fund the construction and maintenance of City infrastructure (i.e., streets, bridges, libraries, parks, recreation centers, and other public facilities) would benefit from a follow-up examination since its last process change during the 2018-19 cycle for the 2020-2021 and future cycles; and
WHEREAS, in 2019, the city launched a new CIB process to replace the over three decades old existing process and focus more strongly on: ?
Equity and inclusion: Budgeting decisions reflect the city’s commitment to equity and to identify ways to invite more voices to the table and ensure investments are distributed equitably throughout the City.
Strategic investments: Capital investments all feed into a larger, more comprehensive strategic framework that takes advantage of data and ensures maximum return on investment.
Fiscal responsibility: Existing infrastructure such as roads, bridges, and sidewalks - as well as existing parks and librari...
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